The economic valuation of the ecosystem services (ES) provided by naturebased solutions in cities is not an easy task. In fact, various environmental goods and services do not have a market price that allows to quantify their value. This leads to an underestimation of the value of nature in cities. As a result, their critical contributions are not considered in public, corporate, and individual decision-making. The logic behind ecosystem valuation is to unveil the complexities of socioecological relationships, to make explicit how human decisions would affect ES values, and to express these value changes in units. This will allow considering the benefits provided by ES in public decision-making processes. The contribution aims to identify and analyze the most used methodologies adopted at the urban level for the valuation of ES. In total, six methodologies have been analyzed for the valuation of the provisioning, regulating, cultural, and supporting services. Finally, an interpretation framework has been defined to summarize the main findings.

Valuation methodologies of ecosystem services provided by NBS in urban areas

Lucchitta, Benedetta;Croci, Edoardo
2022

Abstract

The economic valuation of the ecosystem services (ES) provided by naturebased solutions in cities is not an easy task. In fact, various environmental goods and services do not have a market price that allows to quantify their value. This leads to an underestimation of the value of nature in cities. As a result, their critical contributions are not considered in public, corporate, and individual decision-making. The logic behind ecosystem valuation is to unveil the complexities of socioecological relationships, to make explicit how human decisions would affect ES values, and to express these value changes in units. This will allow considering the benefits provided by ES in public decision-making processes. The contribution aims to identify and analyze the most used methodologies adopted at the urban level for the valuation of ES. In total, six methodologies have been analyzed for the valuation of the provisioning, regulating, cultural, and supporting services. Finally, an interpretation framework has been defined to summarize the main findings.
2022
9781800436374
9781800436367
Edoardo Croci, Benedetta Lucchitta
Nature-based solutions for more sustainable cities : a framework approach for planning and evaluation
Lucchitta, Benedetta; Croci, Edoardo
File in questo prodotto:
File Dimensione Formato  
Chapter12 NBS book.pdf

non disponibili

Descrizione: Pdf editoriale - Capitolo 12
Tipologia: Pdf editoriale (Publisher's layout)
Licenza: NON PUBBLICO - Accesso privato/ristretto
Dimensione 1.25 MB
Formato Adobe PDF
1.25 MB Adobe PDF   Visualizza/Apri

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11565/4044648
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 0
  • ???jsp.display-item.citation.isi??? ND
social impact